20VC: Why Seed is Systemically Broken | Why Pricing is Worse Than Ever and There is More Funding Than Ever | Benchmarks for Churn, Retention and Growth Rates - Good vs Great | Why Last Vintage for Private Equity Will Suck with Jason Lemkin
This podcast episode explores the vital importance of commitment and technical leadership in the startup world. It emphasizes the need for ultra-insane commitment from a binary team that is a hundred and ten percent dedicated to success. Evaluating the CTO early in the investment process is crucial, considering their passion, surprise and delight, and transparency. The episode also discusses the significance of competition, product market fit, founder influence, and distribution in driving business success. It highlights the challenges of high churn rates in SaaS companies and the importance of predictability and retention. The conversation explores the complexities of seed investing, the integration of enterprise practices into SaaS models, and the considerations for successful investments in startups. Overall, the episode provides valuable insights into various aspects of entrepreneurship and investment in the startup ecosystem.
